Whitbread plc Receives “Buy” Rating from Societe Generale (WTB)
Whitbread plc (LON:WTB)‘s stock had its “buy” rating reissued by stock analysts at Societe Generale in a report issued on Tuesday. They currently have a GBX 5,000 ($82.97) price objective on the stock. Societe Generale’s price objective would suggest a potential upside of 14.21% from the stock’s previous close.
Whitbread plc (LON:WTB) traded down 0.32% on Tuesday, hitting GBX 4378.00. The stock had a trading volume of 249,730 shares. Whitbread plc has a 52 week low of GBX 2911.00 and a 52 week high of GBX 4990.00. The stock’s 50-day moving average is GBX 4290.89 and its 200-day moving average is GBX 4224.. The company’s market cap is £7.893 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Whitbread plc from GBX 4,170 ($69.20) to GBX 4,567 ($75.79) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Whitbread plc in a research note on Tuesday, August 26th. They now have a GBX 4,850 ($80.48) price target on the stock. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and eleven have assigned a buy rating to the company’s stock. Whitbread plc currently has an average rating of “Hold” and a consensus price target of GBX 4,287.01 ($71.14).
Whitbread PLC is engaged in the operation of a hotels and restaurants business and a coffee shop business.
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